v3.26.3
Debt (Tables)
 12 Months Ended
Sep. 26, 2026
Debt Disclosure [Abstract]  
Summary of Cash Flows Associated with Commercial Paper The following table provides a summary of cash flows associated with commercial paper for 2026, 2025 and 2024 (in millions):
202620252024
Maturities 90 days or less:
Proceeds from/(Repayments of) commercial paper, net$(2,123)$(5,820)$3,960 
Maturities greater than 90 days:
Proceeds from commercial paper— 5,836 — 
Repayments of commercial paper(3,788)(2,048)— 
Proceeds from/(Repayments of) commercial paper, net(3,788)3,788 — 
Total proceeds from/(repayments of) commercial paper, net$(5,911)$(2,032)$3,960 
Summary of Term Debt The following table provides a summary of the Company’s term debt as of September 26, 2026 and September 27, 2025:
Maturities
(calendar year)
20262025
Amount
(in millions)
Effective
Interest Rate
Amount
(in millions)
Effective
Interest Rate
2013 – 2025 debt issuances:
Fixed-rate 0.500% – 4.850% notes
2026 – 2062
$78,678 
0.56% – 5.13%
$91,281 
0.03% – 5.75%
Total term debt principal
78,678 91,281 
Unamortized premium/(discount) and issuance costs, net(277)(309)
Hedge accounting fair value adjustments(287)(294)
Total term debt
78,114 90,678 
Less: Current portion of term debt(9,906)(12,350)
Non-current portion of term debt$68,208 $78,328 
Future Principal Payments for Notes
The future principal payments for the Company’s Notes as of September 26, 2026, are as follows (in millions):
2027$9,991 
20289,300 
20295,175 
20304,956 
20313,750 
Thereafter45,506 
Total term debt principal$78,678